The government shutdown has had a significant impact on the tax administration, including important IRS functions and U.S. Tax Court’s operations.
The United States Tax Court recently announced the adoption of certain amendments to its Rules of Practice and Procedure in several areas that impact taxpayers and practitioners with new or pending cases before the Tax Court.
Los Angeles Tax Attorney Gary Slavett will be a speaker at the American Bar Association Tax Section 2019 Midyear Tax Meeting, which will be held in New Orleans on January 17-19, 2019. Gary will be a speaker on the panel, “Employment Tax Litigation.”
On November 20, 2018, the IRS issued a Memorandum, describing the process for all voluntary disclosures following the closing of the 2014 OVDP on September 28, 2018. The new procedures are effective for all disclosures after September 28, 2018. Under the new procedures, the taxpayers with hidden foreign bank accounts, whose behavior may be considered willful, will find stricter requirements and higher penalties.
Holtz, Slavett & Drabkin is proud to sponsor the 35th National Institute on Criminal Tax Fraud and Eighth Annual National Institute on Tax Controversy, which will take place on December 13-15, 2018, at the Wynn Hotel in Las Vegas, Nevada.